New Age Metals (CVE:NAM) Sets New 1-Year Low – Here’s What Happened

New Age Metals Inc. (CVE:NAMGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.08, with a volume of 475126 shares changing hands. The stock had previously closed at C$0.09.

New Age Metals Stock Down 11.8 %

The business has a 50 day moving average of C$0.10 and a two-hundred day moving average of C$0.07. The stock has a market capitalization of C$4.17 million, a PE ratio of -7.50 and a beta of 1.32. The company has a debt-to-equity ratio of 0.84, a quick ratio of 17.88 and a current ratio of 11.85.

About New Age Metals

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New Age Metals Inc, a mineral exploration company, engages in the acquisition, exploration, and development of platinum group metals (PGMs), and precious and base metal properties in Canada. The company explores for rhodium, palladium, platinum, gold, nickel, copper, and lithium deposits. It holds interests in the River Valley PGE project located in the Dana and Pardo townships of Northern Ontario; the Genesis PGE project located in south central Alaska; and lithium projects situated to the northeast of Winnipeg, Manitoba.

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